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How to Start a Consulting Business - Entrepreneur

Learn how to start your own business consulting firm. Effective strategies for business consultants and things to consider before becoming a consultant.

Business consultant - Wikipedia, the free encyclopedia

A business consultant is a person that provides support and information to assist in the running or future strategy of a business, generally in the form of project ...

Beware The Power of the Business Consultant... - Forbes

Feb 1, 2013 ... In my early years as a consultant and business coach, I would often sit in rooms where a highly paid guru from Bain or McKinsey or Accenture ...

ACME Business Consulting: Business Solutions

ACME Business Consulting leads the boutique consulting field. Our expert, hands-on staff crafts personalized business solutions for a wide range of industries.

Small Business Consulting for the Self Employed

Small Business Consulting for the Self Employed. We help you grow your business, increase revenue, learn marketing skills and be more effective.

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The Family Business Consulting Group: Family Business ...

The Family Business Consulting Group's experienced business consultants provide consulting services for your family business, including family business ...

What is a Business Consultant? - Business News Daily

Jun 10, 2013 ... Business consultants provide management consulting to help organizations improve performance and efficiency. These professionals analyze ...

Business Consultant: Job Description and Career Requirements

Business consultants provide an analysis of the existing practices of a company and make recommendations for improvements. These professionals frequently ...

New York Business Consultants LLC - About Us

At New York Business Consultants LLC we care about empowering business owners, sustainable development and making a difference. Sometimes we are a  ...

Madison Area Business Consultants >> Find the Perfect Consultant ...

Madison Area Business Consultants is a professional association of independent business consultants located in Madison, Wisconsin. Our members serve the ...

Non Executive Directors

Non Executive Directors.com is an online platform for the Non Execs to network with the thousands of businesses in the UK who require their services.

www.nonexecutivedirectors.com
Healy Consultants Pte Ltd

Healy Consultants helps to incorporate companies worldwide, start businesses offshore, setup corporate banking & other business consulting services.

www.healyconsultants.com

A Guide to Business Consultants


No matter what stage your business plan has reached, a consultant can be just the thing you need to gain a competitive edge and boost you to the next level.  They can offer you a wide range of advice and comprehensive solutions for improving your bottom line, and ultimately, if they’re good, they’ll pay for themselves.  If you can afford to make an investment in your company’s future, there are any number of ways a business consultant can help you get where you want to go.  Let’s think about how they can help you in more detail, and what you should watch out for when hiring one.

Benefits

The first thing a consultant might do is review your company’s business plan and day-to-day operations.   They’ll consider your goals, your methods, and your resource allocation in order to determine the strong and weak points of your model.  Then they’ll make recommendations for how you can improve things.

For example, they may determine that your shipping rates are too high and that customers are being scared off at checkout.  Then they would inspect your warehouse and shipping practices, and make suggestions to streamline the process.  A more sophisticated on-site database may be added, or packaging methods may be adjusted to fit more freight on the same truck.  By the time they’re done, you may be able to reduce shipping rates without hurting your bottom line – and pass the savings on to the consumer.

The list of potential improvements goes on.  They may find that you’re devoting too many of your internal resources to management of employees, and suggest that you outsource to an HR firm.  This can save you a lot of time and money, and may make a marked difference in your profit margins.

Even at the level of strategy, consultants can offer you a perspective and insight that can prevent mistakes and infuse fresh energy into your business planning.  Even if you know the market well, outside help can shed some light on things you may not have considered by coming at it from a different angle.  You may be so deep into your day-to-day operations that it’s difficult for you to envision what the consumer experience is really like from the outside looking in.  Consultants can help you achieve that kind of clarity.

Pitfalls

The effectiveness of a business consultant will hinge on your relationship with them, so make sure you engage the services of someone you trust.  Remember, they’re supposed to be saving you money, so they should be able to deliver more than they receive. 

Research them carefully before hiring anyone.  Try to go with someone who has a proven track record of helping businesses grow, and that doesn’t charge you an arm and a leg.

Conclusion

Business consultants can be a necessary tool for expanding your business or even for preventing a decline in your services.  If you’re looking to rejuvenate your company, they may well be just what the doctor ordered.

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